FX.co ★ Austria’s Harmonised Inflation Ticks Up to 2.3% in February, Ending Recent Cooling Trend

Austria’s Harmonised Index of Consumer Prices (HICP) edged higher in February, with the year-over-year rate rising to 2.3%, up from 2.0% previously. Both the current and prior readings are based on comparisons with the same month a year earlier, underscoring a modest re-acceleration in price pressures after a period of easing.

The February figure, updated on 18 March 2026, suggests that disinflationary momentum has cooled, even as inflation remains relatively contained by recent historical standards. For markets and policymakers, the move from 2.0% to 2.3% in Austria’s HICP will be closely watched as part of the broader euro area inflation picture, given that harmonised data are used to compare price dynamics across EU member states.